Revelop closes its sixth fund and raises over SEK 3.8 billion

Mannheimer Swartling has acted as lead legal advisor to the real estate investment firm Revelop in the establishment of its sixth value add fund, Revelop VI. Revelop has successfully closed Revelop VI including a related co-investment fund in less than a year, raising in aggregate over SEK 3.8 billion.

Revelop invests in commercial properties with significant development and enhancement opportunities in and around Stockholm, Gothenburg and the Öresund-region. By harnessing and realizing the potential of existing properties, the management team aims to promote environmentally and socially sustainable property management. Revelop VI has attracted a high proportion of international capital and is backed by a diversified investor base of inter alia pension funds, global asset managers, foundations, sovereign wealth funds and family offices. The AIF is based on a Swedish limited company structure where investors either invest through principal-linked participation debentures or preference shares.